Which of the following would be of most interest to a microeconomist? a

Economics Dec 10, 2020

Which of the following would be of most interest to a microeconomist?

a. elasticity

b. imports

c. unemployment

d. exports

Expert Solution

Which of the following would be of most interest to a microeconomist?

The best answer is a. elasticity

a. elasticity	Elasticity is a measure of changes in price and demand, so it is in the realm of microeconomics.
b. imports	This is a part of macroeconomics because it affects the economy as a whole.
c. unemployment	Unemployment affects the whole economy, so it's macro.
d. exports	Like imports, exports are part of the macroeocnomy.

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